ALPS Adds to Passive ETF Lineup

ALPS Advisors is currently prepping the Barron’s 400 ETF to launch within the next few months.

According to a regulatory filing, the fund is benchmarked to the Barron’s 400 Index, which is comprised of stocks that are constituents of the Dow Jones U.S. Total Stock Market Index.

Michael Akins, Director of Index Management & Product Oversight of ALPS Advisors, is the fund’s portfolio manager.

As of June 30, 2012, ALPS managed some $6.6 billion in assets through closed-end funds, mutual funds and exchange-traded funds.

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